HDFC Life Senior Vice President Salaries by 10+ Employees (Updated 2025)

17 - 25 years exp.

₹26 Lakhs - ₹1 Crore

Salary of majority employees

At par with the average Senior Vice President Salary in Insurance Companies for 17 - 25 years of experience

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Salaries in different departments

Human Resources Senior Vice President Salary 21 - 22 years exp. (AmbitionBox Estimate)	₹61.2 L/yr - ₹1 Cr/yr
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Strategic & Top Management Senior Vice President Salary 17 - 22 years exp. (AmbitionBox Estimate)	₹61 L/yr - ₹97 L/yr

Last Updated: 24 Feb 2025

Companies similar to HDFC Life for Senior Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Vice President Salary 17 - 20 years exp. (6 salaries)	₹50 L/yr - ₹99 L/yr 26% more
SBI Life Insurance Company Senior Vice President Salary 15 - 24 years exp. (5 salaries)	₹45 L/yr - ₹1.1 Cr/yr 52% more
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Axis Max Life Insurance Senior Vice President Salary 19 - 22 years exp. (5 salaries)	₹36 L/yr - ₹1 Cr/yr 29% more
Bajaj Allianz Life Insurance Senior Vice President Salary 20 - 25 years exp. (7 salaries)	₹70 L/yr - ₹1 Cr/yr 20% more
Tata AIA Life Insurance Senior Vice President Salary 19 - 28 years exp. (4 salaries)	₹44 L/yr - ₹1 Cr/yr 21% more
Kotak Mahindara Life Insurance Senior Vice President Salary 13 - 24 years exp. (33 salaries)	₹29.7 L/yr - ₹51 L/yr 37% less
ICICI Lombard General Insurance Company Senior Vice President Salary 11 - 26 years exp. (14 salaries)	₹34 L/yr - ₹95 L/yr 6% less
Swiss Re Senior Vice President Salary 15 - 18 years exp. (8 salaries)	₹64 L/yr - ₹1.3 Cr/yr 58% more
HDFC Ergo General Insurance Senior Vice President Salary 17 - 23 years exp. (5 salaries)	₹39.2 L/yr - ₹51 L/yr 34% less

Senior Vice President salary at HDFC Life ranges between ₹26 Lakhs to ₹1 Crore per year for employees with experience between 17 years to 25 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Senior Vice President salaries

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
15+ years (12 salaries)	₹26 L/yr - ₹1 Cr/yr
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Similar Designation salaries in HDFC Life

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Salary related reviews for HDFC Life

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

Branch Manager in Kolkata

Agency Channel Department

2.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

There is nothing as such to mention.

Skill development - Good

Dislikes

Working culture is not at all satisfactory. Regarding payout or salary of an advisor, ADM as well as appirisal of Branch Manager approved but not even processed till now. Seniors are using slang words in Concall as well as open forum.

Salary - Bad

+5 more

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Work-life balance - Good

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

Branch Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2020

5.0

for Salary and Benefits

Likes

...ny. In this pandamic and lockdown situation company support to every employee Company provide salary hike also in this situation I feel proud i am a part of hdfc life

Salary - Excellent

+6 more

Dislikes

Nothing in my mind according to me not single point in my mind to write about hdfc life for dislike But one thing i want 5 days working week

see more salary related reviews

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HDFC Life Senior Vice President Salary FAQs

What is the salary of Senior Vice President at HDFC Life ?

The average salary of a Senior Vice President at HDFC Life in India typically ranges from ₹26.0 Lakhs to ₹102.0 Lakhs per year, depending on experience (from 17 years to 25 years).

The top 10% of Senior Vice President at HDFC Life earn more than ₹100.6 Lakhs per year, and the top 1% earn over ₹102.0 Lakhs per year. Senior Vice President Salaries at HDFC Life can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ HDFC Life employees in India.

What is the estimated take home salary of a Senior Vice President at HDFC Life in India?

The estimated take-home salary of a Senior Vice President at HDFC Life in India typically ranges from ₹3,50,034 to ₹3,62,385 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹102.0 Lakhs per year for employees with experience ranging from 17 years to 25 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Life for Senior Vice President in India?

Swiss Re	₹64.0 Lakhs to ₹130.0 Lakhs per year
SBI Life Insurance Company	₹45.0 Lakhs to ₹112.0 Lakhs per year
Axis Max Life Insurance	₹36.0 Lakhs to ₹102.0 Lakhs per year
ICICI Prudential Life Insurance	₹50.0 Lakhs to ₹99.0 Lakhs per year
Tata AIA Life Insurance	₹44.0 Lakhs to ₹101.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.

What is the salary of a Senior Vice President in companies similar to HDFC Life in India?

The salary of a Senior Vice President at companies similar to HDFC Life in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹70.0 Lakhs to ₹101.0 Lakhs per year
ICICI Lombard General Insurance Company	₹34.0 Lakhs to ₹95.0 Lakhs per year
HDFC Ergo General Insurance	₹39.2 Lakhs to ₹51.0 Lakhs per year
Kotak Mahindara Life Insurance	₹29.7 Lakhs to ₹51.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Vice President at HDFC Life in India?

The salary growth for a Senior Vice President at HDFC Life depends on factors such as experience, performance, and promotions. On average, a Senior Vice President can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
15 years	₹26.0 Lakhs to ₹102.0 Lakhs per year

and so on.

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HDFC Life Senior Vice President Salaries

HDFC Life Senior Vice President salary in India ranges between ₹26 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 12 HDFC Life latest salaries received from various employees of HDFC Life.